GBP/JPY|MARKET ANALYSIS|2ND JANUARY 2019|BEARISH MOVE

GBP/JPY | FUNDAMENTAL ANALYSIS + TREND LINES

FUNDAMENTAL ANALYSIS
NOTE | PMI SURVEY TAKING PLACE 2/01/2019 - 9:30 AM

BLUE HORIZONTAL TREND LINE 140.836
NOTE | RETEST OF AREA
NOTE | STANDING ORDER (BUY 140.900)
NOTE | 8% CONFIDENT

BLUE HORIZONTAL TREND LINE 139.548
NOTE | POTENTIAL BREAK THROUGH
NOTE | STANDING ORDER SELL 139.475
NOTE | 92% CONFIDENT

RED HORIZONTAL TREND LINE 138.892
NOTE | PLACE STOP/LOSS ONCE EXCEEDS

RED TREND LINE
NOTE | SHOWS NEGATIVE DOWN TREND

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